T-Mobile/MetroPCS merger is complete, new company now known as T-Mobile US

by Roy Alugbue on
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T-Mobile MetroPCS Merger

 

At last, the T-Mobile/MetroPCS marriage is officially complete. After seeing a few signs that the merger was closer to being finalized, Deutsche Telekom AG and T-Mobile US, Inc. announced the newly-formed T-Mobile USA entity— which officially began public trading under the NYSE ticker TMUS as of today. With the new company fully established, Deutsche Telekom AG will effectively hold a majority stake in the company (at 74%), while the combined subscriber base grows to over 40 million. Additionally, the completed merger also expands the total 4G footprint as 228 million are currently served with 4G, with an additional 200 million expected to be covered with 4G LTE by the end of 2013.

You’ll find more details once you hit the break and check out the full presser.

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T-Mobile sends out letter to its customers regarding potential MetroPCS merger

by Sean Stewart on
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While it’s certainly not official yet, that isn’t stopping T-Mobile from touching base with their customers and sending out an FYI of sorts. Upon checking the mail today, there it was – a letter with “important information” contained therein. Turns out T-Mobile’s CEO, John Legere, has a message for us on Magenta’s network. Juicy details are scarce, but it does mention the pending merger with MetroPCS promising a “bigger, better, bolder” US wireless provider. It goes on to claim T-Mobile will be the “premier challenger in the US market” by emphasizing value.

The letter also promises greater speed, bigger capacity, and better reliability as well as deeper network coverage, all as a result of this pending merger. These are sticking points that T-Mobile customers have been clamoring for over the years. I can almost count on two hands where our network coverage struggles to keep up on outings that we make on a monthly basis. Also, the recent vacation we took was a little challenging due to T-Mobile’s slower speed and lacking data/voice coverage. It’s a little frustrating but being with Magenta for over 10 years has its perks. Just dialing “611″ from my mobile phone and asking for the Loyalty Department coupled with our 10-plus years of service prompts immediate credibility, and there have been quite a few times we’ve gotten new devices at a full discount prices well before our contract was up. So, it’s definitely a “can’t live with them, can’t live without them” type of relationship. » Read the rest

Sprint may counteroffer T-Mobile bid to merge with MetroPCS

by Jeff Causey on
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Yesterday, things looked all but certain for a merger to occur between T-Mobile and MetroPCS according to an announcement from Deutshe Telekom AG. One day later though the situation may have changed. Reports indicate Sprint may be in the process of preparing a rival proposal to acquire MetroPCS. Analysts believe Sprint and MetroPCS would be a good fit because their networks are compatible. Supposedly Sprint is crunching numbers and have their advisors reviewing a potential merger. » Read the rest

Google Rumored To Be In Talks To Sell Motorola Mobility Handset Division To Huawei

by Roy Alugbue on
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When people think of the biggest story for 2011, Google’s acquisition of Motorola Mobility immediately comes to mind. The initial thought was Google may have had plans to use Motorola to create a new line of Nexus premium devices, but really the more likely theory for Google’s major purchase has to do with MOTO’s vast number of patents— 17,000 to be exact, which would help in the legal fights against Microsoft and Apple as seen here… and here… and here again as some examples. Despite the sheer number of patents which would help, Google still has to deal with all facets of MOTO including the 20,500 MOTO employees working in 92 major facilities across 97 countries and set top cable box business in addition to mobile division. Google can be applauded for being aggressive and trying to make bold moves, but could it have gotten ahead of itself when making this big of a purchase? More importantly, could Google actually be considering a sale of MOTO so it can focus on its core strength– web search– instead of getting into the handset business? There are some indications that points to yes. » Read the rest